Welcome to our dedicated page for Broadridge Finl Solutions news (Ticker: BR), a resource for investors and traders seeking the latest updates and insights on Broadridge Finl Solutions stock.
Broadridge Financial Solutions reports developments across financial technology, investor communications, governance services, and capital markets operations. Company news commonly covers proxy voting and disclosure solutions, managed services, trading and post-trade technology, financial messaging, and platforms used by banks, broker-dealers, asset managers, wealth managers, and corporate issuers.
Recurring updates also include artificial intelligence in capital markets and wealth workflows, digital asset and tokenized securities infrastructure, LTX corporate bond trading activity, Distributed Ledger Repo, client migrations to the Broadridge Swift Service Bureau, acquisitions that expand trading capabilities, investor events, dividends, and debt financing actions.
Broadridge Financial Solutions (NYSE: BR) announced a quarterly cash dividend of $0.80 per share.
The dividend will be payable on July 5, 2024, to stockholders of record as of June 14, 2024.
Broadridge Financial Solutions (NYSE: BR) announced its participation in the upcoming J.P. Morgan Global Technology, Media, and Communications Conference in Boston on May 20, 2023.
CEO Tim Gokey will represent the company in a fireside chat at 9:20 AM ET, discussing Broadridge's strategy and performance. The event will be accessible via Broadridge's Investor Relations page.
Global Fintech leader Broadridge Financial Solutions, Inc. announced the acquisition of Kyndryl's Securities Industry Services (SIS) wealth and capital markets technology platform for Canadian financial services firms. The partnership aims to enhance innovation and technology capabilities for Canadian clients. The transaction is expected to close in the coming months with no significant financial impact on Broadridge.
LTX, a subsidiary of Broadridge Financial Solutions Inc., has integrated with MultiLynq to accelerate connectivity to the LTX platform. This partnership aims to help dealers and asset managers onboard to the AI-powered corporate bond trading platform more quickly and efficiently.
Broadridge Financial Solutions, Inc. (NYSE: BR) reported a 4% growth in recurring revenues, with diluted EPS at $1.79 and adjusted EPS increasing by 9% to $2.23. Q3 closed sales rose by 29%, and the company expects steady growth for fiscal year 2024, with recurring revenue growth at the low end of 6-9% guidance range and adjusted EPS growth in the middle of 8-12% range.
Prometheum Capital , a subsidiary of Prometheum Inc., has chosen Broadridge Financial Solutions, Inc. for back-office solutions to enhance its digital asset securities services. Broadridge's solutions will include bookkeeping, trade capture, reconciliations, and regulatory reporting. This strategic partnership aims to establish a sophisticated, regulated market infrastructure for investors. Prometheum also plans to provide ETH custodial services this quarter.
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